Jiangsu Jingnan E-Commerce Logistics Industry Park Co., Ltd completed the acquisition of 5.8% stake in Xinglong Holding Company Ltd. from Caida Securities Co., Ltd.
May 08, 2018
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Jiangsu Jingnan E-Commerce Logistics Industry Park Co., Ltd entered into equity transfer agreement to acquire 5.8% stake in Xinglong Holding (Group) Company Ltd. (SZSE:000955) from Caida Securities Co., Ltd for approximately CNY 240 million on March 23, 2018. Under the terms, Jiangsu Jingnan E-Commerce Logistics Industry Park Co., Ltd will acquire 31.2 million shares at CNY 7.8 per share. The consideration will be paid one day after the signing of the relevant equity transfer agreement. The transaction is subject to the approval from China Securities Depository and Clearing Corporation for the transfer of the Xinglong Holding (Group) Company Ltd shares.
Jiangsu Jingnan E-Commerce Logistics Industry Park Co., Ltd completed the acquisition of 5.8% stake in Xinglong Holding (Group) Company Ltd. (SZSE:000955) from Caida Securities Co., Ltd on May 9, 2018. The transaction has been approved by the China Securities Clearing Agency Co., Ltd.
Caida Securities Co Ltd is a China-based company mainly engaged in the securities industry. The Company mainly operates through six segments: securities brokerage, securities self-operation, credit trading, investment banking, asset management and futures business. Its main businesses include securities brokerage, securities investment consulting, securities underwriting and sponsorship, securities self-operation, securities asset management, securities margin, securities investment fund agency sales, financial consulting related to securities trading and securities investment activities, agency sales of financial products, and intermediate introduction services for futures companies.
Jiangsu Jingnan E-Commerce Logistics Industry Park Co., Ltd completed the acquisition of 5.8% stake in Xinglong Holding Company Ltd. from Caida Securities Co., Ltd.
CAIDA SECURITIES CO., LTD. 